Published on : Aug 01, 2018
Albany, New York, August 1, 2018: With the growth of the food & beverages as well as consumer goods industries at a substantial rate, the need for advanced and sustainable packaging is also rising. Thin wall plastic containers are highly employed in the packaging of a large number of eatables across the food & beverage vertical. To study the exact market scenario for thin wall plastic containers, a new research report has been included to the broad database of Market Research Hub (MRH). The study is titled “Thin Wall Plastic Containers Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2027)”, which discusses the future trends and innovations expected to influence the overall growth of the concerned market during the forecast period.
As per key market insights, the rising count of retail and supplier channels is expected to promise positive results for the market in the long run. Moreover, the preference of consumers towards lightweight packaging is another major reason for market growth during 2017-2027. The research report starts with the executive summary that includes market analysis and market overview. Furthermore, readers can access vital information such as market viewpoint comprising of value chain analysis, market dynamics and Porters Five Forces analysis associated to the thin wall plastic containers market.
The later section of the report discusses the prime market regions, namely, North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan and Middle East & Africa. Each of these regions are studied on the basis of market size (US$ Mn) and volume (Mn units) until 2027. Furthermore, on the basis of product type, the global thin wall plastic containers market is divided into boxes & bins, cups, trays, bowls, thin wall pails and lids. The overall market is also examining by market factors such as manufacturing technology, material type and application type. The report reveals that compared to traditional plastic containers, the advantage of thin wall plastic containers is due to their safety against freezer, microwave and dishwasher. Such benefits have further supported enhanced preference for frozen foods without the risks of contamination. Moreover, different manufacturers are functioning on a range of barrier technologies which would ensure the uppermost level of hygiene for the preservation and palatability of stored frozen food.
This research report highlights the prime aspects that are motivating growth in the global thin wall plastic containers market. Considering the bakery and ready-to-eat industries, the target market is expected to observe an extensive growth in the coming years due to the growing demand from the mentioned sectors.
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